(Vietnam) Projects in the form of public-private partnerships (PPP) are implemented in the form of investment on the basis of contracts between state agencies and financiers to implement, manage, and operate infrastructure projects and provide public services.
When the management agencies continuously improve the provisions of the Law on Tax Administration, the fact that businesses still have violations of the tax law will have to face many consequences… Statistics of the General Department of Taxation show that, after 10 years (2010 – 2020), the number of inspections at taxpayers’ offices has doubled;…
Currently, the Enterprise Law 2020 effective from January 1, 2021, is having a lot of influence on foreign enterprises operating in Vietnam. The Enterprise Law 2020 has a lot of new regulations, supplements, and amendments. Although there are no provisions that directly affect foreign enterprises, there are many new points that affect the operation and…
AI systems rely heavily on data. The access to data and the use of data to set up AI systems can cause intellectual property problems when the data is protected by copyright and related rights. Accordingly, artificial Intelligence and Machine Learning are not just for Big Business but it’s a problem that all businesses will…
From January 1, 2021, employees in Vietnam have more benefits under the provisions of the Vietnam Labor Code 2019 than before. In particular, employees now have the right of being notified of a detailed list for each salary receipt. Specifically, according to the provisions of Article 95 of the Labor Code 2019, the employer pays…
Why this handbook? Recently, the Covid-19 pandemic has had a heavy impact on the economy of the world in general and of Vietnam in particular. These impacts are reflected in the difficulties and heavy losses of businesses, forcing business owners to reduce production, reduce jobs, force workers to stop working, to be laid off and…
When you decide to invest as a foreign investor in Vietnam, you must first research the feasibility of the sector you want to participate in. One of them is that you should make sure that the business sector in which you intend to invest and operate is permitted by Vietnamese law or is restricted by…
Early removal of obstacles for lending activities is the mutual goal of the participants in the Online Seminar “Practical implementation of Circular 39/2016/TT-NHNN regulating lending activities of credit institutions, foreign bank branches for customers” organized by the Vietnam Banks Association (VNBA) on 7/7/2021. Speaking at the opening of the seminar, Mr. Nguyen Quoc Hung, General…
Because of the Covid-19 epidemic impacts in Vietnam, many corporations find it hard to maintain a balance of finance, facilities, …. Therefore, although it still wants to keep its employees, the company still needs to cut as much as possible to maintain operations. At this time, the company was forced to cut staff. One of…
COVID Question: Can payment obligations be suspended as a result of the Force Majeure event in Vietnam, or will the Force Majeure event only excuse the inability to perform obligations other than monetary obligations? The following article will provide the answers to the above questions, typically under COVID impact. This is a frequent occurrence, where…